• Digitization of payments and equilibrium of the monetary system

    Digitization of payments and equilibrium of the monetary system

    The appearance of crypto-assets and the digitization of payments are confusing the cards of the classic distribution between central bank money and commercial money. Article published as part of Printemps de l'Economie, of which La Tribune is a partner. The author, Nathalie Aufauvre, is Director General of Financial Stability and Operations at the Banque de France.
  • SCOTUS Rules Against Trump Over Financial Records, But the President Walks Away the Winner

    SCOTUS Rules Against Trump Over Financial Records, But the President Walks Away the Winner

    Somehow, Donald Trump managed to lose the cases revolving around his financial records today but still walk away the winner. How did he manage that feat? As with most things to come out of the Roberts court, it’s complicated and a matter of timing. The first case involved the New York district attorney, an outspoken …
  • New York regulators may punish Deutsche Bank over Epstein ties

    New York regulators may punish Deutsche Bank over Epstein ties

    The long and murky relationship between Jeffrey Epstein and Deutsche Bank has caught the attention of New York regulators. Months of investigation by the New York’s financial watchdog agency, the Department of Financial Services, may spur a punishment of the German lender for its decision to keep the famous sex criminal as a client years …
  • Keynes and the Euthanasia of the Rentier

    Keynes and the Euthanasia of the Rentier

    With over $12 trillion in negative-yielding debt and the yield on the ten-year Treasury bond falling below 1 percent for the first time, the days in which people could reliably count on a steady stream of income from their assets seem to be a thing of the past. And although most people would have a hard time …
  • Investment professionals say ‘don’t panic’ amid coronavirus fears

    Investment professionals say ‘don’t panic’ amid coronavirus fears

    It’s a wild ride, but just hang on. Investors can survive and eventually prosper despite the horrific pandemic-driven stock market gyrations we are experiencing, investment professionals say. “Don’t panic. Never in my near-40-year career have I once heard someone say, ‘Gee, I’m glad I panicked,’ ” said Richard Bernstein, a longtime financial adviser with his own …
  • Banks to weather coronavirus better than 2008 financial crisis: report

    Banks to weather coronavirus better than 2008 financial crisis: report

    Banks are wobbling from the economic wallop being delivered by the coronavirus, but experts say they are unlikely to fall down. According to data from S&P Global Market Intelligence, the US banking industry will likely see its profits plunge 25 percent this year as locked-down consumers curtail their spending. That, in turn, will make it …